Digital Radiography Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis

The Global Digital Radiography Market was valued at US$ 7,538.8 million in 2015 and is projected to expand at a CAGR of 5.9% during the forecast period (2016-2024), as highlighted in a new report published by Coherent Market Insights. Increase in demand for high quality imaging in the healthcare sector is projected to favor the market for digital radiography market in the near future.
The healthcare sector has witnessed advancements under clinical practices such as introduction of novel digital detector technologies and radiographic techniques. There are various technical factors that are responsible for adoption of new radiography techniques. Differences between the older analogical technique and digital technique do not stop at just high image quality associated with the latter, but also the lower exposure time and strength of the X-ray on the patient. Digital radiography allows for over- exposure that produces better quality images. The steady growth in global economy and the rise in healthcare awareness are propelling the medical devices industry to achieve significant growth in terms of revenue, which in turn is projected to support the digital radiography market over the forecast period. Also, various new acquisitions and investments along with novel product launches are expected to favor growth of the digital x-ray market in the near future. In 2015, Konica Minolta - a primary imaging solution company - introduced a new radiography solution named AeroDR XE - this is expected to provide a lower weight version to deliver Primary Imaging at the point-of-care.
Due to significant shifts in the delivery of care, reimbursement scenario and health system management and other healthcare organizations strategies are expected to favor growth of the digital radiography market. The digital radiography technique is now extending into non-clinical areas of non-destructive testing. However, there are few factors such as requirement of skilled and trained radiologists for operating novel techniques and the change in work patterns of the machine that can hinder market growth over the forecast period. Although, the global market has been struck by the moderate economic meltdown, the market for medical devices is experiencing constant growth. Furthermore, primary factors such as modernization and technical advancements are projected to favor growth of the digital radiography market over the forecast period.
The market for digital radiography is expected to grow steadily over the forecast period. Since digital radiography plays an important role in providing vital imaging services in the healthcare sector, varying with different requirement of variations in the type of patient site. The rise in number of road accidents and casualties are favoring growth in demand for digital x-rays in the radiography market. Also, the need for specific treatment and rise in awareness among the population regarding various healthcare techniques are propelling demand for better quality results, which in turn is expected to favor the radiography market in the near future. Furthermore, the rise in population of elderly population around the globe is expected to positively favor the digital radiography market, as they are more prone to injuries and are highly susceptible to skeletal disorders. According to National Institute on Aging, in 2016, around 8.5% of the population was above the age of 65, which creates a highly conducive environment for growth of the digital x-ray market.
Key takeaways of the market:
• The global digital radiography market is expected to expand at a CAGR of 5.9% during the forecast period (2016-2024). The modest growth rate of the market is attributed to steadily growing adoption of digital radiography systems.
• Adoption of digital radiography systems is expected to be more rapid in the emerging nations such as India, China, Brazil, Israel, and Indonesia
• Convenience in imaging would be a major driving factor for mobile digital radiography systems with rapid adoption projected in emerging nations
• Requirement of skilled labor would be prevailing throughout the forecast period which indirectly impacts the adoption of new digital radiography systems and the growth of global digital radiography market
• The global digital radiography market is characterized by strategic research and development and advancement in the products in the imaging market with portability options and strategic collaborations of the various organizations in the radiography market.
• Some of the major players are 3DX-RAY, ANRITSU INFIVIS, Bosello High Technology, COMET, GE Healthcare, Mettler-Toledo International, Nikon, North Star Imaging, VJ Technologies, Fujifilm Holdings, Philips Healthcare, Shimadzu Corporation, Toshiba Medical System Corporation, Carestream Health.

Global Digital Mammography Equipment Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Published Date : Mar 2019

Mammography is specialized medical imaging that uses a low-dose x-ray system to see inside the breasts. A mammography exam, called a mammogram, aids in the early detection and diagnosis of breast diseases in women. Scope of the Report: In the last several years, Global market of D...

United States Diabetes Insulin Delivery Pen Market: Companies Profiles, Size, Share, Growth, Trends and Forecast to 2026

Published Date : Mar 2019

The United States insulin delivery pen market is anticipated to reach US$ 5 billion by 2026, witnessing an impressive double-digit growth rate in the forecast period 2019 - 2026. "United States Diabetes Insulin Delivery Pen Market: Companies Profiles, Size, Share, Growth, Trends and For...

Global Digital Printed Wallpaper Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Published Date : Mar 2019

Digital printed wallpaper refer to murals are printed by digital style, with ultimate scaleabilty and vast color range. Colors and backgrounds can be tweaked to customer specifications from solid color, wood grain, paint drips to camouflage. Scope of the Report: The market is more...

Global Digital Content Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Published Date : Mar 2019

Digital content industry is an important component of the digital economy. The so-called digital content industry is the use of digital high-tech tools and information technology to integrate the image, text, images, audio and other content into products and services. Digital content is stored on ei...

Global Water Analysis Instrumentation Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Published Date : Mar 2019

This report studies the Water Analysis Instrumentation market. Water Analysis Instrumentation used to measure one or more parameters including: electrical conductivity (EC), dissolved oxygen (DO), water temperature, turbidity, total dissolved solids (TDS), Redox, specific ions and pH. S...

Global Digital Isolators Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Published Date : Mar 2019

A digital isolator is used to get a digital signal across a galvanic isolation boundary. They serve a similar purpose to optocouplers, except optocouplers are far too slow and error prone for high speed (1MHz+) digital signals. They also use a different coupling technology, usually transformer or RF...

Blood Glucose Meter Market: United States Industry Analysis, Trends, Market Size and Forecasts up to 2026

Published Date : Mar 2019

Blood Glucose Meter market in the United States is set to surpass US$ 1 Billion threshold by 2026. "Blood Glucose Meter Market: United States Industry Analysis, Trends, Market Size and Forecasts up to 2026" presents an in-depth assessment of the United States blood glucose meter market ...

Global Human Immunodeficiency Virus (HIV) Drugs Market 2019 - 2025: Top 22 Drugs Analysis, Key Trends, Players and Forecasts

Published Date : Feb 2019

The global human immunodeficiency virus (HIV) drugs market size is expected to surpass US$ 30 billion by 2025. "Global Human Immunodeficiency Virus (HIV) Drugs Market 2019 - 2025: Top 22 Drugs Analysis, Key Trends, Players and Forecasts" presents an in-depth assessment of the global hum...

Sri Lanka MICE Tourism Market: Current Trends, Opportunity, Growth Potential and Forecast to 2025

Published Date : Jan 2019

Sri Lanka Meetings, Incentives, Conferences and Exhibitions (MICE) tourism market is expected to reach US$ 285 Million by 2025. "Sri Lanka MICE Tourism Market: Current Trends, Opportunity, Growth Potential and Forecast to 2025" offers the most up-to-date industry data on the actual mark...

Global The Food Industry Metal Detectors Market Professional Survey Report 2019

Published Date : Mar 2019

This report studies The Food Industry Metal Detectors in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to2018, and forecast to2024. This report focuses on t...

 

Select License :

  • Single User : $4500
  • Multiple User : $7000
  • Corporate User : $10000

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.